1988 single family home for sale at 305 Lincoln Street SE in Warroad, MN — 3 bed, 2 bath (photo 1 of 24)

305 Lincoln Street SE, Warroad, MN 56763

3 Beds | 2 Baths | 2,080 Sq Ft | Single Family Home | MLS# 7063444

Price Reduced — was $229,500 (↓ $24,500) · M Markdowns

$205,000

Is 305 Lincoln Street SE a Good Deal?

BuyPulse Verdict

Excellent Value

At $99/sqft — This home is priced 26% below the typical Warroad single-family home of $135/sqft.

Powered by the Realgorithm™ — 12 active Warroad listings · NorthstarMLS

$1,378/month Estimated

Principal & interest
$1,037
Property taxes
$213
Home insurance (est.)
$120
Special assessments
$8
HOA dues
None

20% down ($41,000) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Warroad, MN Active
Offer-Ready51/100Top 8% for leverage

50 earns the badge · a typical active home here scores ~12

The price here has already come down — the numbers point to real room to negotiate.

  • 124 days on market — well over the usual 75 days
  • Price cut 10.7% (−$24,500)
  • No negative signals found in the listing history

MMR track record: Offer-Ready homes closed a median 11% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 19 vs 429 NorthstarMLS sales, updated monthly.

Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.

About This Home

Move Right In! This well-maintained 3 bedroom, 2 bath home features ample living space, a fully finished lower level and thoughtful improvements throughout. The kitchen features cherry cabinetry, stainless steel appliances and updated flooring. Major exterior updates include all new Marvin Infinity windows, vinyl siding and a metal roof. The lower level features a family room, a 3/4 bathroom and 2 non-conforming bedrooms that could be used for guests, hobbies or office space. Enjoy the central A/C in the summer and efficient natural gas heating in the winter. Outside, spend time in the spacious yard with a garden area or in the extra gazebo structure, which is ideal for storage or entertaining. A solid, move-in ready home in Warroad - call today!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $154K and $256K in Warroad:

  • The field: 5 similar Warroad homes for sale — a short list right now.

Powered by the Realgorithm™ — real Warroad closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1988
Above Grade
1,040 sq ft
Below Grade
1,040 sq ft
Lot Size
0.24 acres
Lot Features
Tree Coverage - Light
Heating
Forced Air
Cooling
Central Air
Basement
Finished
Appliances
Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$2,561
Special Assessments
$95
County
Roseau
Days on Market
123

305 Lincoln Street SE is listed in Warroad, MN, part of Roseau County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 305 Lincoln Street SE

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Warroad real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Pahlen Realty, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7063444 · Data refreshed August 17, 2026

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Frequently Asked Questions About 305 Lincoln Street SE

Is $205,000 a good price for a home in Warroad?
According to BuyPulse, 305 Lincoln Street SE rates Excellent Value — at $99/sqft it's priced 26% below the typical Warroad single-family home of $135/sqft. Powered by the Realgorithm™. Browse Warroad homes for sale to compare.
What are the special assessments at 305 Lincoln Street SE — and what do they mean?
This property has $95/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $2,561/yr. Always factor both into your total monthly housing cost before making an offer.
Does 305 Lincoln Street SE have a basement?
Yes, 305 Lincoln Street SE has a finished basement with 1,040 sq ft of below-grade space.
What type of heating and cooling does 305 Lincoln Street SE have?
305 Lincoln Street SE has Forced Air heating and Central Air cooling.
Where is 305 Lincoln Street SE located?
305 Lincoln Street SE is in Warroad, MN 56763, in Roseau County.
Is 305 Lincoln Street SE still available?
Yes — 305 Lincoln Street SE is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 305 Lincoln Street SE built?
305 Lincoln Street SE was built in 1988. It features frame construction, a metal roof, and a permanent foundation.
Does 305 Lincoln Street SE have main-floor laundry?
No — the laundry at 305 Lincoln Street SE is in the lower level.
How many homes like 305 Lincoln Street SE are for sale in Warroad?
5 similar homes (single-family homes between $154K and $256K in Warroad) are for sale right now — a short list right now.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
What does "BuyPulse" mean?
BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Warroad area.